Tue07232019

Robins Global News & Noticias



  • Gaming Chair Review
    Gaming Chair Review
  • Data Recovery Review
    Data Recovery Review
  • Online Video Editors
    Online Video Editors
  • Download TV Series
    Download TV Series
  • All Elite Wrestling
    All Elite Wrestling
  • Trump Pence News
    Trump Pence News
  • Weather Alerts
    Weather Alerts

RobinsPost News Network

+ Larger Font | + Smaller Font

Consumer Daily Reports

Consumer News: Gasoline prices level off in the last week

PhotoThe recent rise in gasoline prices, sparked in part by an explosion and fire that shut down a Pennsylvania oil refinery last month, appears to have paused, at least for now.

The AAA Fuel Gauge Survey shows the national average price of regular gas is $2.77 a gallon, up two cents from a week ago. It’s still 11 cents a gallon cheaper than one year ago.

The average price of premium gas is $3.32 a gallon, also the same as last week. The price of diesel fuel is also holding steady at last week’s price of $3 a gallon.

The respite from rising fuel prices may not last. The Energy Information Administration (EIA) reports that demand is increasing while supplies are shrinking. Last week, total domestic stocks fell by 1.4 million barrels to 229.2 million barrels, below the supply level at this time last year.

“If stocks continue to decrease as demand remains robust, pump prices will likely remain higher,” AAA said in its latest market update. 

Another factor that could affect the short term price of gasoline is a sharp rise in crude oil prices. Oil futures hit a seven-week high of over $60 a barrel Thursday as a tropical storm threatened rigs in the Gulf of Mexico. At the same time, tensions between Iran and Britain put upward pressure on Brent crude prices.

While gasoline prices have remained mostly stable over the last seven days, the average price in California, the most expensive state, has declined two cents a gallon. The average price in Mississippi, the cheapest state, is a penny higher than last Friday.

The states with the most expensive regular gas

These states currently have the highest prices for regular gas, according to the AAA Fuel Gauge Survey:

  • California ($3.75)

  • Hawaii ($3.65)

  • Washington ($3.34)

  • Nevada ($3.29)

  • Alaska ($3.22)

  • Oregon ($3.20)

  • Illinois ($3.05)

  • Idaho ($2.95)

  • Utah ($2.91)

  • Pennsylvania ($2.90)

The states with the cheapest regular gas

The survey found these states currently have the lowest prices for regular gas:

  • Mississippi ($2.36)

  • Alabama ($2.39)

  • Louisiana ($2.39)

  • Arkansas ($2.39)

  • South Carolina ($2.42)

  • Oklahoma ($2.45)

  • Missouri ($2.46)

  • Tennessee ($2.47)

  • Texas ($2.47)

  • Virginia ($2.47)



Posted: 2019-07-12 11:13:05

Get Full News Story On Consumer Affairs


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.


Print Friendly and PDF Share Embed


Related News Stories From The Web And More

Related Bing News

Consumer News: Gasoline prices level off in the last week | Consumer Daily Reports | RobinsPost News Network - Newscast

Gas prices fall 12.5 cents

Mon, 22 Jul 2019 11:54:00 GMT

Gasoline prices in Michigan ... At the national level, gas prices are up 10.9 cents per gallon from a month ago and stand 6.7 cents lower than a year ago. "Average U.S. gas prices drifted lower this ...

Gasoline Prices Down for 7th Week but Decrease Waning

Fri, 19 Jul 2019 21:27:00 GMT

The average price of diesel also fell a mere one-point-five won per liter to one-thousand-351-point-seven won this week. Both gasoline and diesel prices appear to be at a steady level. The cost of ...

Tesla Cuts Prices; Model S and X Long Range Are the New Base Models

Tue, 16 Jul 2019 12:01:00 GMT

Tesla is dropping the base models (again), except this time, the prices aren't increasing as they ... the base models that were still being made last week, the Model S is finally at eye level with ...

Gasoline prices level off in the last week

Fri, 12 Jul 2019 04:50:00 GMT

The recent rise in gasoline ... Last week, total domestic stocks fell by 1.4 million barrels to 229.2 million barrels, below the supply level at this time last year. “If stocks continue to decrease as ...

Gas prices spike to $3 on tropical storm fears

Thu, 11 Jul 2019 15:54:00 GMT

... and shutdown at a Philadelphia gasoline refinery. The good news: barring any major damage to oil facilities, AAA expects gas prices to drop next week, once the storm passes and refineries and oil ...

Related Twitter Search

  • No items found
  • Related News Story Videos From Youtube

    Gasoline prices drop for 8th straight week


    Related Videos On: Gasoline prices drop for 8th straight week


    Gas prices hit levels not seen in more than 3 years


    Related Videos On: Gas prices hit levels not seen in more than 3 years


    Business Nightly: Gasoline, diesel prices rise for first 3 trading days


    Related Videos On: Business Nightly: Gasoline, diesel prices rise for first 3 trading days


    Gas Prices Soar in California; $6 Per Gallon Gas Forcing Stations to Close on West Coast


    Related Videos On: Gas Prices Soar in California; $6 Per Gallon Gas Forcing Stations to Close on West Coast


    Gas prices on the rise; California sees largest jumps


    Related Videos On: Gas prices on the rise; California sees largest jumps






    Blow Us A Whistle

    Comments (Whistles) Designed By Disqus




    Company Information

    Official Content Providers











    PRIVACY POLICY

    We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
    © 2008-2019 RobinsPost (The Bird's Eye View Company) All rights are reserved.
    RobinsPost provides links to news sites based on their RSS feeds.
    All trademarks, copyrights, videos, photos and logos are owned by news sources.
    News stories, videos and live streams are from trusted sources:
    Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
    ROBINSPOST Is Proudly Made In America.
    Where Quality, Safety and Service Comes First.